On Wednesday, the Trump administration announced a portion of its tax plan, including a cut in the corporate tax rate from 35 percent to a 15 percent. The plan aims to bring revenue back into the country from U.S. companies…

By Zachary Green, Ivette Feliciano

The importance of pass-through business entities has soared in the past three decades. Over the same period, the amount of pass-through business income flowing to the top 1 percent of income earners has increased sharply, according to a new paper…

By Making Sen$e Editor

In other news Friday, Congress began its five-week recess in disagreement. While the House voted to extend all Bush-era tax cuts, the Senate voted to end tax cuts for additional income above $250,000. Also, the U.N. General Assembly criticized the…